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    Peter Kasinamunda
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    Underwriting guidelines provide rules for insurers to make decisions on accepting, modifying, or rejecting prospective insureds. Medical underwriting is important for health insurers so people don't only buy coverage when sick, which would make premiums very expensive. Insurers use underwriting guidelines to evaluate applicants and manage their risks.

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    Underwriting guidelines provide rules for insurers to make decisions on accepting, modifying, or rejecting prospective insureds. Medical underwriting is important for health insurers so people don't only buy coverage when sick, which would make premiums very expensive. Insurers use underwriting guidelines to evaluate applicants and manage their risks.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    4 views1 page

    Guidelines

    Uploaded by

    Peter Kasinamunda
    Underwriting guidelines provide rules for insurers to make decisions on accepting, modifying, or rejecting prospective insureds. Medical underwriting is important for health insurers so people don't only buy coverage when sick, which would make premiums very expensive. Insurers use underwriting guidelines to evaluate applicants and manage their risks.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    Underwriting Guidelines — a set of rules and requirements an insurer provides for its agents and

    underwriters. The underwriter uses these guidelines to make decisions regarding the acceptance,
    modification, or rejection of a prospective insured.

    Medical underwriting is crucial for an insurer so that people do not buy health insurance coverage
    only when they are sick or require medical care. This will make the premiums for a health insurance
    policy very expensive.

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